ODH, a health technology company providing data aggregation and analytics solutions, teamed up with Hashed Health to develop and implement blockchain technologies. Here are four key points.
1. ODH will spearhead Hashed Health's Value-Based Working Group, a collective effort to aid the health industry's transition to value-based care by adopting practical blockchain solutions. Solutions could include collaboration between payers and providers to improve quality measures.
2. The partnership is a step toward better managing and securing patient data, enabling greater payments efficiency and connecting healthcare organizations through the use of blockchain technologies, according to ODH President and CEO Michael Jarjour.
3. ODH's proprietary technology promotes interoperability among legacy systems to improve patient care and cost management. The company focuses on solutions for the occurrence of two chronic diseases or conditions in a patient.
4. Hashed Health is leading a consortium of companies to bring blockchain distributed ledger technology to the U.S. healthcare system, according to Silicon Angle. It currently has partnerships with several organizations, including Accenture, Altarum Institute and Change Healthcare.
